Canada’s Fossil Fool

A joke currently doing the rounds: “Definition of a fossil fool — A politician who spends $9.1 billion on an emission reduction plan while spending twice as much to expand a tar sands pipeline.” No prize for identifying the fool in question. The foolishness is underlined by the recent report from the Intergovernmental Panel on […]

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Bankers Don’t Worry about Climate

On May 20, Stuart Kirk, Global Head of Responsible Investments for the mega-bank HSBC (2021 assets $2.9 trillion, 2021 profits $12.6 billion), gave a speech at a Financial Times (ahem) “Moral Money” conference. The talk was titled “Why investors need not worry about climate risk.” Mr. Kirk, whose job with the bank “involves considering the […]

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Sweden & Finland: No to NATO!

Per Olsson is a member of Rättvisepartiet Socialisterna (ISA in Sweden). Policy coup for capitalist and imperialist interests In an undemocratic, coup-like manner and with the help of a cynical “shock doctrine,” Sweden is to join NATO, a military alliance formed and led by US imperialism. This weekend it became formally clear that the leadership […]

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Profit-Gouging Oil Companies

Gas prices have soared around the world, adding to inflation that is hitting workers’ living standards. Vancouver, like its overinflated housing market, has Canada’s highest gas prices. The price of gas in Vancouver rose from $1.60 a litre in December 2021 to $2 a litre in March and over $2.30 in May. In most of […]

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